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Tuesday, March 18, 2014 12:58:26 AM
Okay, I'll be careful here as I've had a few to drink (no, not Marani, yet) but what the heck does selling "5mil shares at .046" (and perhaps buying more in the 30s or whatever) have to do with holding "10K shares until $10 bucks?" Hell, why not answer the real question which is "if this person didn't sell at all at .046 and HELD his 5mil AND THE STOCK GOT TO $10 WOULD HE/SHE HAVE BENEFITED MORE BY HOLDING LONGER UNTIL $10 INSTEAD OF SELLING SOONER AT .046??" After all, this person might not have even gotten back in, correct? And if he/she didn't, how much "loss" would that have been?
Hey, I don't know much about algebra (I loved that Herman's Hermits song) but common sense tells me that selling at $10 (but missing out) is a bit more of a profit than selling at .046 (and staying in). Or am I missing something here?
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